Word: wente
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Dates: during 1950-1959
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When Kaiser went into shipbuilding in World War II, Edgar took over half the operation, Trefethen the other half. Despite skepticism from every quarter, the Kaiser shipyards went on to build more vessels than any other shipbuilder during the war. At the same time, the Kaisers also had their first run-in with the steel industry, when they announced plans to build their Fontana steelworks on the West Coast with an RFC loan. Despite the industry's opposition, Kaiser built the largest steel plant west of the Mississippi (in ingot tonnage), paid off the Government loan 20 years ahead...
...Manhattan last week went two eager makers of business machines with audacious plans to challenge the International Business Machines Corp. in IBM's home market. The foreign businessmen: President Joseph Callies, 50, and General Manager Georges Vieillard, 64, of France's fast-rising La Compagnie des Machines Bull. Barely known outside France ten years ago, Machines Bull manufactures a line of punch-card and sorting machines topped off by computers. Recently it pulled abreast of IBM in many markets of the Continent, is now the biggest computer maker outside...
...million) a pretty small David. But they count on the fact that they are showing a fast sales-growth rate. Annually since 1946, their exports have risen 25%. Last year they shipped $18 million worth of equipment to customers in 42 countries. Of that, $9,000,000 went to countries in the dollar area...
After the Pennsylvania Railroad's board of directors finished its regular meeting last week in Philadelphia, a telephone call went through to summon Allen J. Greenough, 54, vice president in charge of transportation and maintenance. Walking into the president's office, Greenough was hit with the biggest surprise of his career: he had just been named president of the Pennsy, jumping over the heads of other officers who had hoped...
...railroadman's railroadman, big (6 ft., 200 lbs.), affable Allen Greenough won a reputation at the Pennsy for his forcefulness and ability to remain calm in every circumstance. Born in San Francisco, he went to Union College in Schenectady, N.Y. before joining Pennsy as an engineering trainee in 1928, highballed up the corporate track, was boosted to vice president in 1955. Along the route, he distinguished himself by making fast decisions, stopping the buck at his door. Married and father of two sons, he is used to putting in a ten-hour day, gathering his own facts by pounding...